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BACKGROUND OF THE FORMATION OF INTERNATIONAL ORGANIZATIONS

IMF

To stabulize currency enchage rates

Secure international monetary cooperation

Created by UN

In 1944

At the Bretton Woods Conference

WORLD BANK

To help rebuild European countries devastated by World War II

Created in 1944

At the Bretton Woods conference

WTO

Created to supervise and liberalize World Trade

Reconstruccion and economic development

After the World War II

Its predecessor is GATT

Agency of the UN

created in 1947